This updated edition includes research in the field of labour economics and blends coverage of traditional topics with modern theory and developments. It also incorporates policy examples, allowing students to understand links between theory and reality, and a leaner presentation of the theory.
The second edition of this well-received text blends coverage of traditional topics with modern theory and developments into a superb text by one of our top Labor Economists. The author's current experience at the Kennedy School of Government allows him to incorporate new policy examples and a leaner presentation of the theory.
Chapter 1. Introduction1-1. An Economic Story of the Labor Market1-2. The Actors in the Labor Market1-3. Why Do We Need A Theory?1-4. The Organization Of the BookAppendix: An Introduction to Regression AnalysisChapter 2. Labor Supply2-1. Measuring the Labor Force2-2. Basic Facts about Labor Supply2-3. The Worker's Preferences2-4. The Budget Constraint 2-5. The Hours Of Work Decision2-6. To Work Or Not To Work2-7. The Labor Supply Curve2-8. Estimates of the Labor Supply Elasticity2-9. Labor Supply of Women2-10. Policy Application: Welfare Programs and Work Incentives2-11. Policy Application: The Earned Income Tax CreditChapter 3. Topics in Labor Supply3-1. Labor Supply Over The Life Cycle2-6. Labor Supply Over The Business Cycle3-3. Retirement3-4. Policy Application: The Decline in Work Attachment Among Older Workers3-5. Household Production3-6. FertilityChapter 4. Labor Demand4-1. The Production Function4-2. The Employment Decision in The Short Run4-3. The Employment Decision in The Long Run4-4. The Long-Run Demand Curve For Labor4-5. The Elasticity of Substitution4-6. Marshall's Rules of Derived Demand4-7. Factor Demand with Many Inputs4-8. An Overview of Labor Market Equilibrium4-9. Policy Application: The Employment Effects of Minimum Wages4-10. Adjustment Costs and Labor DemandChapter 5. Labor Market Equilibrium5-1. Equilibrium an A Single Competitive Labor Market5-2. Competitive Equilibrium across Labor Markets5-3. Policy Application: Payroll Taxes and Subsidies5-4. Policy Application: Immigration5-5. The Cobweb Model5-6. Noncompetitive Labor Markets: Monopsony5-7. Noncompetitive Labor Markets: Monopoly5-8. Wages and Employment in The Public SectorChapter 6. Compensating Wage Differentials6-1. The Market For Risky Jobs6-2. The Hedonic Wage Function 6-3. Policy Application: How Much Is A Life Worth?6-4. Policy Application: Safety and Health Regulations6-5. Compensating Differentials and Job Amenities6-6. Compensating Differentials and LayoffsChapter 7. Human Capital7-1. Education in The Labor Market: Some Stylized Facts7-2. The Schooling Model7-3. The Wage Gap Among Workers Who Differ In Their Education7-4. Estimating The Rate Of Return To Schooling7-5. Do Workers Maximize Lifetime Earnings?7-6. Schooling as a Signal7-7. Post-School Human Capital Investments7-8. On-The-Job Training7-9. On-The-Job Training and The Age-Earnings Profile7-10. Policy Application: Evaluating Government Training ProgramsChapter 8. The Wage Structure8-1. The Earnings Distribution 8-2. Changes in The Wage Structure: Basic Facts8-3. Policy Application: Why Did Wage Inequality Increase?8-4. The Earnings of Superstars8-5. Inequality Across GenerationsChapter 9. Labor Mobility9-1. Geographic Migration as A Human Capital Investment9-2. Internal Migration in The United States9-3. Family Migration9-4. Immigration in The United States9-5. Immigrant Performance in The U.S. Labor Market9-6. The Decision To Immigrate9-7. Policy Application: The Economic Benefits from Immigration9-8. Job Turnover: Some Stylized Facts9-9. The Job Match9-10. Specific Training and Job Turnover9-11. Job Turnover and The Age-Earnings ProfileChapter 10. Labor Market Discrimination10-1. Race And Gender in The Labor Market10-2. The Discrimination Coefficient10-3. Employer Discrimination10-4. Employee Discrimination10-5. Consumer Discrimination10-6. Statistical Discrimination10-7. Measuring Discrimination10-8. Policy Application: Determinants of The Black-White Wage Ratio10-9. Policy Application: Determinants of The Male-Female Wave Ratio10-10. Discrimination Against Other GroupsChapter 11. Labor Unions11-1. Unions in The United States11-2. Determinants of Union Membership 11-3. Monopoly Unions11-4. Policy Application: Unions and Resource Allocation11-5. Efficient Contracts11-6. Strikes11-7. Union Wage Effects11-8. The Exit-Voice Hypothesis11-9. Policy Application: Public Sector UnionsChapter 12. Labor Market Contracts and Work Incentives12-1. Piece Rates and Time Rates12-2. Tournaments12-3. Policy Application: The Compensation of Executives12-4. Work Incentives and Delayed Compensation12-5. Efficiency WagesChapter 13. Unemployment13-1. Unemployment in The United States13-2. Frictional and Structural Unemployment13-3. The Steady-State Rate Of Unemployment13-4. Job Search13-5. Policy Application: Unemployment Compensation13-6. The International Substitution Hypothesis13-7. The Sectoral Shifts Hypothesis13-8. Efficiency Wages13-9. Implicit Contracts13-10. Policy Application: The Trade-Off Between Inflation And Unemployment
Labor Economics by George Borjas
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McGraw-Hill Education - Europe
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